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On 21 September 2006, Branson pledged to invest the profits of Virgin Atlantic and Virgin Trains in research for environmentally-friendly fuels. The investment is estimated to be worth $3 billion. [57] [58] On 4 July 2006, Branson sold his Virgin Mobile company to UK cable TV, broadband, and telephone company NTL:Telewest for £900 million.
Virgin Group [1] is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of incorporation is listed as 1989 by Companies House , who class it as a holding company ; however, Virgin's business and trading activities date back to the 1970s.
Sir Richard Branson is offering to put up his private island, Necker Island, as collateral to save his Virgin Atlantic airline from collapsing. Branson founded the Virgin Group, which operates ...
The "Dirty Tricks" scandal was a series of concerted campaigns by British Airways (BA) in the 1990s seeking to undermine their rival, Virgin Atlantic.Concerned by the prospect of an upcoming challenger, Lord King, Chairman of British Airways, told his chief executive "do something about Branson".
Below is the transcript of an exclusive CNBC interview with Sir Richard Branson, Virgin Founder, and CNBC's Nancy Hungerford.
Virgin Voyages looked at all aspects of cruising and made changes where Virgin founder Richard Branson and his team thought things were broken. ... So Virgin Atlantic, 40 years ago, walking on ...
Virgin Atlantic, a trading name of Virgin Atlantic Airways Limited and Virgin Atlantic International Limited, is a British airline with its head office in Crawley, West Sussex, England. The airline was established in 1984 as British Atlantic Airways , and was originally planned by its co-founders Randolph Fields and Alan Hellary to fly between ...
Branson is best known as the co-founder of the Virgin Group, which owns a massive portfolio of businesses, including in hotels, radio stations, airlines and even commercial space flight.